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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 3, 1996
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The Ashton Technology Group, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 333-1182 22-6650372
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(State of Incorporation) (Commission File No.) (IRS Employer Identification No.)
10420 Little Patuxent Parkway, Suite 490, Columbia, Maryland 21044
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(Address of principal executive offices)
Registrant's telephone number, including area code: 410-715-8732
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FORM 8-K
Item 1. Changes in Control of Registrant
Not Applicable
Item 2. Acquisition or Disposition of Assets
Not Applicable
Item 3. Bankruptcy or Receivership
Not Applicable
Item 4. Changes in Registrant's Certifying Accountant
On June 3, 1996, the Company, with the approval of its Board of
Directors, has decided not to continue its relationship with Goldstein, Golub,
Kessler & Co. as its independent public accountants. Goldstein, Golub, Kessler
& Co. served as the Company's independent public accountants for the year ended
March 31, 1995. Goldstein, Golub, Kessler & Co.'s reports on the financial
statements of the Company did not contain any adverse opinion or disclaimer of
opinion, nor were they qualified or modified as to uncertainty, audit scope or
accounting principles. There have not been any disagreements between the
Company and Goldstein, Golub, Kessler & Co. on any matter of accounting
principles or practices, financial statement disclosure or audit scope or
procedure. No "reportable event" (as defined in Item 304(a)(v) of
Regulation S-K) has occurred within the Company's two most recent fiscal years
and any subsequent interim period preceding June 3, 1996.
Arthur Andersen LLP has been engaged as the Company's Independent
public auditors effective June 3, 1996. The Company has not requested or
obtained any advice from Arthur Andersen LLP concerning any material accounting,
auditing, or financial reporting issue regarding the application of accounting
principles to a specified transaction or the type of audit opinion that might be
rendered on the Company's financial statements.
Item 5. Other events.
Not Applicable
Item 6. Resignations of Registrant's Directors
Not Applicable
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FORM 8-K
Item 7. Financial Statements and Exhibits.
Not Applicable
Item 8. Change in Fiscal Year
Not Applicable
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereto duly authorized.
Date: , 1996 The Ashton Technology Group, Inc.
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By:
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Raymond T. Tate
President and
Chief Executive Officer
